PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Consumer Credit and Insurance.
Congressional Research Service
Version 00 · Introduced in House · Mar 10, 1994
Check Cashing Consumer Protection Act of 1994 - Expresses the sense of the Congress that States should: (1) establish uniform laws for licensing and regulating businesses which are not depository institutions and which provide check cashing services, transmit money, or issue or redeem money orders, travelers' checks, and similar instruments; and (2) provide sufficient resources to the appropriate State agency to enforce such laws and regulations. Asks the States to develop a model statute which includes, with respect to such businesses: (1) licensing requirements and standards; (2) procedures to ensure compliance with Federal cash transaction reporting requirements; and (3) criminal penalties for operation of such a business without a license. Directs the Secretary of the Treasury to study and report to the Congress on the States' progress in developing and enacting a model statute meeting appropriate requirements and recommendations for appropriate legislative and administrative action, including possible incentives or sanctions for States failing to enact an appropriate model statute or failing to enforce such statute.
People & committees
Rep. Foglietta, Thomas M. [D-PA-1] · D–PA
Legislative record
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Referred to the Subcommittee on Consumer Credit and Insurance.
Referred to the House Committee on Banking, Finance + Urban Affrs.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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